Headwaters MB Advised Marubeni Sustainable Energy on its Sale to Korea East-West Power

Mergers & Acquisitions

This transaction represents Korea East-West Power's first investment in the United States, and the first direct investment in US electricity production by a Korean power generation company. Marubeni Sustainable Energy has an operating portfolio totaling 70 megawatts of clean energy production, consisting of three biomass power plants and one natural gas cogeneration power plant located in California, New Hampshire and New York respectively.

"This transaction required a broad reach across the renewable energy sector in order to find the ideal partner to maximize the value of these assets," said Terry Williams, President and CEO, Marubeni Sustainable Energy. "Headwaters provided depth and reach, and from start to finish provided a high-touch, high-quality service experience to Marubeni Sustainable Energy. We are now ideally positioned with an excellent partner to execute our long-term growth strategy."

"This transaction required a broad reach across the renewable energy sector in order to find the ideal partner to maximize the value of these assets. Headwaters provided depth and reach, and from start to finish provided a high-touch, high-quality service experience to Marubeni Sustainable Energy. We are now ideally positioned with an excellent partner to execute our long-term growth strategy."